that homosexual(literally) only made everything worse and even regretted the damage he has done towards the end of his life acknowledging his moronation. the person who actually solved economics were a gigabrain philosopher.
5 months ago
Anonymous
provide evidence for your claims you foul Black person
5 months ago
Anonymous
>Basically, Keynes collected and catalogued his sexual activities as obsessively as other men did postage stamps (indeed that was an early hobby of his – make of it what you will). He kept detailed records of encounters, with names or initials of partners, allocated by year from 1901 – his first sexual experience, with a fellow Etonian, at age 17 – though the classification had ceased by 1925, when he married the Russian ballerina Lydia Lopokova. >Before then – it's not known whether he was monogamous after his marriage – he was promiscuous and in Edwardian times, as now, there was plenty of cruising, if you wanted it. And Keynes did. He went "feasting with panthers" in railway carriages, Cambridge colleges, and across London – Soho and Bloomsbury were centres of this demi-monde, as were public parks and baths. One list reveals his catholic tastes: "Stable boy of Park Lane; The Swede of the National Gallery; The Soldier of the baths; The French Conscript; The Blackmailer; sixteen-year-old under Etna; Lift boy of Vauxhall; israeliteboy; Grand Duke Cyril of the Paris Baths…" He had 65 encounters in 1909, 26 in 1910, 39 in 1911… >There were longer lasting affairs too, the most significant being with Duncan Grant, an artistic dilettante and former lover of Lytton Strachey. When the latter found out about Maynard it sparked a b***hy reaction; "Oh heaven! Heaven! The thought recoils, and I find myself shrieking and raving." Keynes was "reeking of that semen".
5 months ago
Anonymous
And this is supposed to deny that the man knows economics? He sounds like he knows the worth of everything under the sun and how to get it for free.
5 months ago
Anonymous
Gays have poor time preference
5 months ago
Anonymous
I like how he goes from chad to rapist pedophile as you learn more and more information
5 months ago
Anonymous
>65 encounters in a year >in the early 20th century
yeah gays really suffer
5 months ago
Anonymous
That's hardly an encounter a week, the Casanoovas of the world would wither and grow murdersome.
5 months ago
Anonymous
I was actually looking for evidence that he regretted his life’s work and warned of negative effects
5 months ago
Anonymous
He purportedly said his only regret in life was not drinking more champagne before he died.
5 months ago
Anonymous
>champagne
Ew! And they say gays have good taste.
5 months ago
Anonymous
Im assuming he didn’t provide evidence for that because it doesn’t exist lol
5 months ago
Anonymous
he wrote somewhere the governments abused his idea of little inflation is good(moronic delusion) but I don't remember exactly where. I am sure if you actually read Keynes you would've known about it anyway but you didn't, instead decided to make a thread about this economically illiterate homosexual.
5 months ago
Anonymous
Oh ok so you're just a Black person pulling shit out of your ass.
5 months ago
Anonymous
>https://www.iedm.org/the-forgotten-keynes-on-government-spending-inflation-and-price-controls/
I actually found a related article that quotes from the source that I was thinking of. you can now have a nice day gorilla Black person.
5 months ago
Anonymous
Explain how that article shows he “regretted” his ideas. All it says is that there were some EARLIER papers where Keynes seems to disagree with what he said about inflation in his later and more influential work.
5 months ago
Anonymous
>little inflation is good(moronic delusion)
It does have a clear benefit in the labor market, since it allows jobs to depreciate in value without having to reduce wages or kick people out.
It has its drawbacks, especially when excessive, but that doesn't mean its benefits don't exist.
5 months ago
Anonymous
>economically illiterate homosexual.
the most brilliant and influential economist who ever lived, effectively saved the world. cope and seethe.
5 months ago
Anonymous
>the most brilliant and influential economist who ever lived
We weren't talking about Milton Friedman
5 months ago
Anonymous
>milton we need random inflation between 3 and 4 percent annually friedman
No lol
Best economist ever is mises or rothbard
5 months ago
Anonymous
>doooode just spend money for the sake of it
moron
of course the boarding school Anglo was a pederast, what a ridiculous society of sodomites
5 months ago
Anonymous
>dude just like don't do anything
moron stoner
5 months ago
Anonymous
BASED ADAM SMITH
The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens. The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.
Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give.
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
5 months ago
Anonymous
Kys commie adam smith is gay and outdated, you only like this protogeorgist value paradox labor theory of value believing c**t because you are a filthy commie that prefers a less thought about era of economics
5 months ago
Anonymous
I would not say he solved it but he certainly altered it in ways that have yet to be superceded.
5 months ago
Anonymous
How can you "solve" or be bad at economics when economics is no science at all? It's basically the astrology of modern man. You can't be "good" or "bad" at astrology, either, it's just something you do. It's woo-woo.
5 months ago
Anonymous
Read Keynes, then read some western history post-Keynes and get back to me on your astrology speculation.
5 months ago
Anonymous
he is completely right, Keynesian economics is not different than astrology. it's the act of fricking up the economy and trying to mend it with external forces then waiting to see what else is going to frick up because of it. it's trying to predict the spill-over effect of a tinkering with a giant and complex system, a stupid belief that you can predict everything if you feed enough data to a computer.
5 months ago
Anonymous
Then why did he argue government price controls discourage production?
5 months ago
Anonymous
broken clock.
5 months ago
Anonymous
Have you read the economic consequences of the peace?
5 months ago
Anonymous
>How can you "solve" or be bad at economics when economics is no science at all?
so you are saying that you cannot solve or be bad at anything that is not a natural science?
legit question are you moronic?
5 months ago
Anonymous
He admitted to being a moron and said it didn’t matter because he would be dead before there were consequences
5 months ago
Anonymous
Sorry wrong picture.
5 months ago
Anonymous
So what do we think of the Historical School?
5 months ago
Anonymous
Adam Smith did that though >supply/demand >strong hand of government where markets fail
All other theories are scams designed to filter wealth
5 months ago
Anonymous
Sounds like you didn't read Smith, or perhaps are just a Keynesian larping as something else.
5 months ago
Anonymous
>Sounds like you didn't read Smith
Said by someone who obviously never read Smith. Fascinating.
5 months ago
Anonymous
Can you give me some examples from Smith on strong government intervention where markets fail? Can you also explain how fiat currency is anything other than a wealth filter?
5 months ago
Anonymous
not that anon but Smith was in favor of public education, defense, infraestructure and said that if you let capitalists go for a drink by the end of the night the will have fixed prices. There is an article by Rodriguez-Braun I believe titled Adam Smith's 46 interventionist measures or something like that.
5 months ago
Anonymous
Smith said that it was the duty of government to provide national defense, the administration of the judicial system, and certain public measures so long as they don't benefit an individual. In so far as it relates to building nationally owned infrastructure and providing public education then Karl Marx also advocated for that. If you wish to take up the mantle for that other anon then provide me evidence from Smith where strong government intervention when the market fails is advocated.
5 months ago
Anonymous
Adam smith was a homosexual you don’t even know, nothing original came from him, his book wasn’t even popular until a decade after it came out and a lord shilled it once at parliament, and wealth of nations isn’t even what he was taught and taught all his life it was a propaganda piece for his Calvinist views, he was part of a circle of moronic atheist calvinists that even the calvinist church hated that wanted to have a secular life hating government where everybody was stuck in their station in life and worked their whole lives never spending any money and racking up their savings account numbers.
5 months ago
Anonymous
Think you got mixed up and read his bibliography. You should try reading the collated economic rules he published instead.
5 months ago
Anonymous
>doesn't even address the fundamental problems of economics >misquotes authors >solves economics?
5 months ago
Anonymous
keynesianism didnt work. this is why reagan/thatcher felt the need to basically reset to capitalism in the 80s. but they werent able to do that much because the governments were still so locked in to keynes. nonetheless, american/british economies were more robust due to neoliberalism. meanwhile the continental european economies just continued to stagnate.
it is only when countries abandoned keynes that real growth will happen
5 months ago
Anonymous
>keynesianism didnt work. this is why reagan/thatcher felt the need to basically reset to capitalism in the 80s. but they werent able to do that much because the governments were still so locked in to keynes. nonetheless, american/british economies were more robust due to neoliberalism. meanwhile the continental european economies just continued to stagnate.
That's funny because it's actually the reverse. Carter was much more of a neolib than Reagan FYI. The Reagan administration embraced "supply side" economics to justify a big increase in military spending which resulted in historically large budget deficits in the 1980s.
Europe is way more conservative than you think. The Eurozone actually legally institutionalized all kinds of anti-Keynesian fiscal rules. Most European countries tend to have way more regressive taxes and forms of anti-consumerism than you could imagine
>it is only when countries abandoned keynes that real growth will happen
That would mean abolishing all forms of automatic stabilizers.
5 months ago
Anonymous
Homosexuality is based. Meanwhile, str8 "men" will raise their AoC to 30 and even castrate themselves if their womyn god asked them to on a whim
This is a literature board.
He has a book
that homosexual(literally) only made everything worse and even regretted the damage he has done towards the end of his life acknowledging his moronation. the person who actually solved economics were a gigabrain philosopher.
provide evidence for your claims you foul Black person
>Basically, Keynes collected and catalogued his sexual activities as obsessively as other men did postage stamps (indeed that was an early hobby of his – make of it what you will). He kept detailed records of encounters, with names or initials of partners, allocated by year from 1901 – his first sexual experience, with a fellow Etonian, at age 17 – though the classification had ceased by 1925, when he married the Russian ballerina Lydia Lopokova.
>Before then – it's not known whether he was monogamous after his marriage – he was promiscuous and in Edwardian times, as now, there was plenty of cruising, if you wanted it. And Keynes did. He went "feasting with panthers" in railway carriages, Cambridge colleges, and across London – Soho and Bloomsbury were centres of this demi-monde, as were public parks and baths. One list reveals his catholic tastes: "Stable boy of Park Lane; The Swede of the National Gallery; The Soldier of the baths; The French Conscript; The Blackmailer; sixteen-year-old under Etna; Lift boy of Vauxhall; israeliteboy; Grand Duke Cyril of the Paris Baths…" He had 65 encounters in 1909, 26 in 1910, 39 in 1911…
>There were longer lasting affairs too, the most significant being with Duncan Grant, an artistic dilettante and former lover of Lytton Strachey. When the latter found out about Maynard it sparked a b***hy reaction; "Oh heaven! Heaven! The thought recoils, and I find myself shrieking and raving." Keynes was "reeking of that semen".
And this is supposed to deny that the man knows economics? He sounds like he knows the worth of everything under the sun and how to get it for free.
Gays have poor time preference
I like how he goes from chad to rapist pedophile as you learn more and more information
>65 encounters in a year
>in the early 20th century
yeah gays really suffer
That's hardly an encounter a week, the Casanoovas of the world would wither and grow murdersome.
I was actually looking for evidence that he regretted his life’s work and warned of negative effects
He purportedly said his only regret in life was not drinking more champagne before he died.
>champagne
Ew! And they say gays have good taste.
Im assuming he didn’t provide evidence for that because it doesn’t exist lol
he wrote somewhere the governments abused his idea of little inflation is good(moronic delusion) but I don't remember exactly where. I am sure if you actually read Keynes you would've known about it anyway but you didn't, instead decided to make a thread about this economically illiterate homosexual.
Oh ok so you're just a Black person pulling shit out of your ass.
>https://www.iedm.org/the-forgotten-keynes-on-government-spending-inflation-and-price-controls/
I actually found a related article that quotes from the source that I was thinking of. you can now have a nice day gorilla Black person.
Explain how that article shows he “regretted” his ideas. All it says is that there were some EARLIER papers where Keynes seems to disagree with what he said about inflation in his later and more influential work.
>little inflation is good(moronic delusion)
It does have a clear benefit in the labor market, since it allows jobs to depreciate in value without having to reduce wages or kick people out.
It has its drawbacks, especially when excessive, but that doesn't mean its benefits don't exist.
>economically illiterate homosexual.
the most brilliant and influential economist who ever lived, effectively saved the world. cope and seethe.
>the most brilliant and influential economist who ever lived
We weren't talking about Milton Friedman
>milton we need random inflation between 3 and 4 percent annually friedman
No lol
Best economist ever is mises or rothbard
>doooode just spend money for the sake of it
moron
of course the boarding school Anglo was a pederast, what a ridiculous society of sodomites
>dude just like don't do anything
moron stoner
BASED ADAM SMITH
The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition, is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against it, and can serve only to enable the dealers, by raising their profits above what they naturally would be, to levy, for their own benefit, an absurd tax upon the rest of their fellow-citizens. The proposal of any new law or regulation of commerce which comes from this order ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public, and who accordingly have, upon many occasions, both deceived and oppressed it.
Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
The rent of land, therefore, considered as the price paid for the use of the land, is naturally a monopoly price. It is not at all proportioned to what the landlord may have laid out upon the improvement of the land, or to what he can afford to take; but to what the farmer can afford to give.
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
Kys commie adam smith is gay and outdated, you only like this protogeorgist value paradox labor theory of value believing c**t because you are a filthy commie that prefers a less thought about era of economics
I would not say he solved it but he certainly altered it in ways that have yet to be superceded.
How can you "solve" or be bad at economics when economics is no science at all? It's basically the astrology of modern man. You can't be "good" or "bad" at astrology, either, it's just something you do. It's woo-woo.
Read Keynes, then read some western history post-Keynes and get back to me on your astrology speculation.
he is completely right, Keynesian economics is not different than astrology. it's the act of fricking up the economy and trying to mend it with external forces then waiting to see what else is going to frick up because of it. it's trying to predict the spill-over effect of a tinkering with a giant and complex system, a stupid belief that you can predict everything if you feed enough data to a computer.
Then why did he argue government price controls discourage production?
broken clock.
Have you read the economic consequences of the peace?
>How can you "solve" or be bad at economics when economics is no science at all?
so you are saying that you cannot solve or be bad at anything that is not a natural science?
legit question are you moronic?
He admitted to being a moron and said it didn’t matter because he would be dead before there were consequences
Sorry wrong picture.
So what do we think of the Historical School?
Adam Smith did that though
>supply/demand
>strong hand of government where markets fail
All other theories are scams designed to filter wealth
Sounds like you didn't read Smith, or perhaps are just a Keynesian larping as something else.
>Sounds like you didn't read Smith
Said by someone who obviously never read Smith. Fascinating.
Can you give me some examples from Smith on strong government intervention where markets fail? Can you also explain how fiat currency is anything other than a wealth filter?
not that anon but Smith was in favor of public education, defense, infraestructure and said that if you let capitalists go for a drink by the end of the night the will have fixed prices. There is an article by Rodriguez-Braun I believe titled Adam Smith's 46 interventionist measures or something like that.
Smith said that it was the duty of government to provide national defense, the administration of the judicial system, and certain public measures so long as they don't benefit an individual. In so far as it relates to building nationally owned infrastructure and providing public education then Karl Marx also advocated for that. If you wish to take up the mantle for that other anon then provide me evidence from Smith where strong government intervention when the market fails is advocated.
Adam smith was a homosexual you don’t even know, nothing original came from him, his book wasn’t even popular until a decade after it came out and a lord shilled it once at parliament, and wealth of nations isn’t even what he was taught and taught all his life it was a propaganda piece for his Calvinist views, he was part of a circle of moronic atheist calvinists that even the calvinist church hated that wanted to have a secular life hating government where everybody was stuck in their station in life and worked their whole lives never spending any money and racking up their savings account numbers.
Think you got mixed up and read his bibliography. You should try reading the collated economic rules he published instead.
>doesn't even address the fundamental problems of economics
>misquotes authors
>solves economics?
keynesianism didnt work. this is why reagan/thatcher felt the need to basically reset to capitalism in the 80s. but they werent able to do that much because the governments were still so locked in to keynes. nonetheless, american/british economies were more robust due to neoliberalism. meanwhile the continental european economies just continued to stagnate.
it is only when countries abandoned keynes that real growth will happen
>keynesianism didnt work. this is why reagan/thatcher felt the need to basically reset to capitalism in the 80s. but they werent able to do that much because the governments were still so locked in to keynes. nonetheless, american/british economies were more robust due to neoliberalism. meanwhile the continental european economies just continued to stagnate.
That's funny because it's actually the reverse. Carter was much more of a neolib than Reagan FYI. The Reagan administration embraced "supply side" economics to justify a big increase in military spending which resulted in historically large budget deficits in the 1980s.
Europe is way more conservative than you think. The Eurozone actually legally institutionalized all kinds of anti-Keynesian fiscal rules. Most European countries tend to have way more regressive taxes and forms of anti-consumerism than you could imagine
>it is only when countries abandoned keynes that real growth will happen
That would mean abolishing all forms of automatic stabilizers.
Homosexuality is based. Meanwhile, str8 "men" will raise their AoC to 30 and even castrate themselves if their womyn god asked them to on a whim
Gays don’t have castration fetishes?